{
  "announcement": {
    "published": 1787291490.0,
    "title": "First in Market: MEXC to List DGrid AI (DGAI) in Innovation Zone with 40,000 USDT Airdrop+ Rewards",
    "url": "https://www.mexc.com/announcements/article/first-in-market-17827791537769"
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  "boundary": "A frozen September 17 worked example. Market strength does not resolve contradictory team vesting descriptions. Issuer documents are claims; the case does not certify safety or predict price.",
  "case_reviewed_at": "2026-09-17T16:09:50.235942Z",
  "checks": [
    {
      "action": "confirm market and open time from the announcement",
      "check": "venue announcement and market identity",
      "evidence": "https://www.mexc.com/announcements/article/first-in-market-17827791537769",
      "status": "verified in venue announcement"
    },
    {
      "action": "verify paid inference workload and actual token payment",
      "check": "project and token utility",
      "evidence": "https://static.dgrid.ai/dgrid_litepaper.pdf",
      "status": "issuer claim only"
    },
    {
      "action": "reconcile cliff and linear schedule before valuation",
      "check": "team unlock rule",
      "evidence": "DGrid litepaper versus MiCAR document",
      "status": "conflicting issuer disclosures"
    },
    {
      "action": "recheck current spread and available order-book depth",
      "check": "observed spot turnover",
      "evidence": "CoinNudge MEXC frozen seven-day candles",
      "status": "observed, not guaranteed executable depth"
    },
    {
      "action": "request receipts and contract/administrator review",
      "check": "paid usage and security",
      "evidence": "issuer interface and disclosure",
      "status": "not independently verified"
    }
  ],
  "input_sha256": "b63ce5569a0ed61fac608a2ee9f85b7f98fdc67ddb8136e53c4323ecd5adb337",
  "market_observation": {
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    "return_7d": 0.21140895285884076,
    "score": 9.664485603932336,
    "score_is_buy_probability": false
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  "market_snapshot_at": "2026-09-17T00:00:00Z",
  "output_sha256": "f7a243f8266f285f9abdd168d91e73442191756f6c14fb825d129c750e7f0228",
  "source_profile": {
    "adoption": "The project publishes an Arena participation interface and technical documentation. We have not verified paid inference revenue, recurring customers or live node decentralization. Points and rewards can subsidize activity.",
    "decision": "Technical strength is worth tracking, but reconcile the team schedule and verify paid workload receipts before making a fundamental allocation case. Prefer evidence of fees relative to token rewards over participant counts.",
    "product": "DGrid AI describes a distributed marketplace and routing network for AI inference and agents. The research thesis is cheaper, verifiable access to compute—not simply exposure to the AI narrative.",
    "security": "A regulatory-format whitepaper is an issuer disclosure, not a regulator endorsement or a smart-contract audit. Current administrator powers and effective vesting contracts remain unverified in this review.",
    "sources": [
      [
        "Official venue listing",
        "https://www.mexc.com/announcements/article/first-in-market-17827791537769"
      ],
      [
        "DGrid litepaper",
        "https://static.dgrid.ai/dgrid_litepaper.pdf"
      ],
      [
        "DGrid MiCAR disclosure",
        "https://static.dgrid.ai/micar-whitepaper"
      ],
      [
        "DGrid Arena",
        "https://dgrid.ai/arena"
      ]
    ],
    "status": "Supply disclosures need reconciliation",
    "supply": "Both reviewed issuer documents state a 1 billion supply. The litepaper allocates 50% to nodes and 20% to community rewards. Its team vesting description is two-year linear; the MiCAR paper instead states a one-year cliff followed by two-year linear vesting. These descriptions have not been reconciled to deployed contracts; no precise next unlock is asserted.",
    "symbol": "DGAI",
    "utility": "Issuer documents propose DGAI payments for inference, node collateral and protocol voting. Demand depends on paying workloads; airdrop participation is not evidence of recurring customer demand."
  },
  "symbol": "DGAI",
  "venue": "MEXC",
  "version": "five-retail-guides-1.0"
}